Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
More industries are showing interest in this age-old pathway to well-paying, high-demand jobs. States have a role to play in accelerating its expansion.
There’s a global shortage of workers in the semiconductor industry. To combat this, the Taiwanese government and several corporations have partnered with a university to fast-track students into jobs.
Federal mandates that steer contracts to unionized companies exacerbate the construction industry’s skilled labor shortage. Taxpayers lose when responsible contractors that do a quality job at the best price are frozen out.
California has long relied on its prison population to battle wildfires. But a steady decline in the state’s incarcerated population and a $45 billion budget shortfall has left the state with gaps when it comes to wildfire response.
There are powerful arguments against cities spending lots of money on professional sports. On the other hand, the prestige of having home teams carries some tangible benefits.
The council passed a $12.8 billion budget for the 2024-2025 fiscal year, which is approximately 2 percent less than the current fiscal year’s budget. The city will eliminate 1,700 vacant jobs next fiscal year.
A new report shows foot traffic in downtown Philadelphia has reached 85 percent of pre-pandemic levels. Office occupancy is still down, but local leaders say it’s time to think differently about the future of downtown.
The workplace fatality rate for construction workers in North Carolina in 2022 was about 20 percent higher than the rest of the nation and about 2.5 times higher than the occupational death rate for all North Carolina workers.
Some interest groups don’t like project labor agreements, but new research shows that they benefit taxpayers and the construction industry while strengthening our skilled trade workforce.
Many immigrants to the U.S. are fleeing violence and persecution. They are motivated to put down roots and become part of their new communities, but they need support.
Supplementing early childhood educators’ wages has gone a long way toward addressing a longtime crisis. Even if the program doesn’t survive the city’s budget process, it should remain an example for local, state and federal efforts.
State officials are offering up to $400 in gift cards to drivers who are willing to try out a new system aimed at replacing the gas tax with funding based on the number of miles a person drives.
The state’s Environmental Finance Authority acts as a bank, a development authority and an aid agency all at once. The agency’s mission is about to get even larger as it will manage $1 billion of federal aid.
Gov. Josh Shapiro signed an executive order on Monday that pioneers several initiatives to attract public service workers. Approximately 18,000 state employees will become eligible to retire in the next five years.
Increasing climate risks are spiking demand for weather technology as businesses try to protect themselves against changing climate and social norms.
Over nearly two centuries, the tracks linked rival port cities to create the Northeast Corridor. It’s a bond that will only strengthen with new federal investments in passenger service.
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